.Charts course for private sector-driven regional transformation
Since the inauguration of its management and board on February 11, 2025, the South East Development Commission, SEDC, has focused on building the institutional and strategic foundation for the economic integration and transformation of the five South East states. Despite prolonged delays in the release of federal funds, the Commission has moved swiftly from planning to execution, positioning itself to drive large-scale infrastructure and industrial projects that will impact the region’s economy.
Before inauguration, the management, led by Mr. Mark Okoye held extensive consultations to develop a coherent roadmap for South East regional integration.
Upon inauguration, the Board chaired by Dr Emeka Wogu approved this roadmap, affirming a clear mandate for private sector-led development.
For the 2025 fiscal year, SEDC was allocated N140 billion for recurrent and capital expenditure. Yet, from February to December 2025, no funds were released.
